Protection Plans
Max Life Premium Return Protection Plan
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
This Plan not only offers you protection coverage, but also has the benefit of return of premium payment at the end of the policy term, on survival of the life insured.
Features:
fjrigjwwe9r3SDPrivInsuProd:Features
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- Pay for a limited premium payment term of 11 years only and enjoy lifetime benefits
- Get guaranteed return of total premiums paid in case of survival at maturity
- Flexibility to choose of protection period (20/25/30 years)
Benefits:
fjrigjwwe9r3SDPrivInsuProd:Benefits
- Maturity/Survival Benefit- At the end of the policy term, you (policyholder) will get guaranteed survival benefit which is the sum of premium installments paid over the payment term.
- Death Benefit - In case of death during the policy term, your nominee will get the life cover as a lumpsum.
- Tax Benefits- You can get certain tax deductions on your premiums and on proceeds under the policy benefits.
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
Policy Term |
Minimum Entry Age
(Age as on Last Birthday) |
Maximum Entry Age
(Age as on Last Birthday) |
20 Years |
|
55 Years |
25 Years |
21 Years |
50 Years |
30 Years |
|
45 Years |
Maximum Maturity Age
(Age as on Last Birthday): |
45 Years |